South Dakota § 10-45-111 Relief from liability for failing to collect tax at new rate--Conditions.

South Dakota Statutes

§ 10-45-111 — Relief from liability for failing to collect tax at new rate--Conditions.

South Dakota § 10-45-111

Title 10TAXATION

Ch. 10-43RETAIL SALES AND SERVICE TAX

This text of South Dakota § 10-45-111 (Relief from liability for failing to collect tax at new rate--Conditions.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 10-45-111 (2026).

Text

A retailer is relieved of any liability for failing to collect a tax pursuant to this chapter at a new effective rate if the state fails to provide a period of at least thirty days between enactment of the statute providing for a rate change and the effective date of the rate change if:

(1)The retailer collected the tax at the immediately preceding effective rate; and (2) The retailer's failure to collect at the newly effective rate does not extend beyond thirty days after the date of enactment of the new rate. This section does not apply if the retailer fraudulently failed to collect the tax at the new rate or solicited purchasers based on the immediately preceding effective rate.

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A retailer is relieved of any liability for failing to collect a tax pursuant to this chapter at a new effective rate if the state fails to provide a period of at least thirty days between enactment of the statute providing for a rate change and the effective date of the rate change if: (1) The retailer collected the tax at the immediately preceding effective rate; and (2) The retailer's failure to collect at the newly effective rate does not extend beyond thirty days after the date of enactment of the new rate. This section does not apply if the retailer fraudulently failed to collect the tax at the new rate or solicited purchasers based on the immediately preceding effective rate.